XYO Blockchain Ecosystem Offers The First Proof Of Location Oracles

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Every day in the world new Blockchain networks appear and offer beacons. The count of this kind of networks will grow because many leading companies have already accepted that creating a decentralized system is one of the most beneficial businesses both for them and for the clients. But to choose the right Blockchain platform to work and cooperate with, you must take into consideration the services provided by the platform, smart contracts, and advantages, the benefits that you can get while working with them and purchasing your tokens.

XYO Network is blockchain platform and considers to be the first one in the world that has proof of location oracles. You can join this decentralized market and take part in XYO token sale to purchase your tokens and get amazing bonuses and rewards. XYO provides trustless, decentralized system of location oracles and high-quality service. Network users can make transactions and get a lot of benefits.

Rewards from XYO

The early contributors to XYO network will get bonuses and rewards that can be used within the frameworks of this ecosystem. You can join the whitelist and get the newest updates on how to become a contributor and get rewards by providing your email address.

Tokens of XYO

XYO tokens are utility currencies through which you can make payment and transactions with the XYO network. In case you are interested in investment in the company that is behind of XYO system, you are free to check terms and conditions on a corporate website of XYO. XYO promises to reveal and explain everything on XYO tokens very soon and offers its users to get whitelisted as soon as possible not to miss the big moment.

XYO network components

XYO has four main components: sentinels, bridges, archivists, diviners. The first one takes location information using sensors and radios. The second gets this data from the first one and gives it to archivists. Afterward, the third one stores all the information to make answers generation. The final step is done by diviners which takes these answers into a smart contract.

XYO Network is created to become an abstraction that enables users to interact with smart contracts of the network via using public blockchains like bitcoin, ethereum, EOS, NEO, etc. Users will be given a chance to make transactions via smart contracts and pay for their activities using XYO tokens.

Innovative technologies enter our life quickly, and we hardly imagine any Spector of our life without new technologies. When Bell found telephone, he didn’t imagine that decades later we will have smartphones and will develop so much to use PC, tablets and so on. The blockchain is one of the newest technologies in the world, and it grows faster than ever. XYO blockchain platform offers much more than you can dream about and every day it reaches to goals and makes it possible to have a decentralized system where users’ right protection is the most important feature for everyone. If you want to know more check the official website:
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